The China Mail - Climate experts warn of fossil fuel tactics at COP28

USD -
AED 3.672504
AFN 65.000368
ALL 81.652501
AMD 376.168126
ANG 1.79008
AOA 917.000367
ARS 1431.790402
AUD 1.425923
AWG 1.8025
AZN 1.70397
BAM 1.654023
BBD 2.008288
BDT 121.941731
BGN 1.67937
BHD 0.375999
BIF 2954.881813
BMD 1
BND 1.269737
BOB 6.889932
BRL 5.217404
BSD 0.997082
BTN 90.316715
BWP 13.200558
BYN 2.864561
BYR 19600
BZD 2.005328
CAD 1.36855
CDF 2200.000362
CHF 0.77566
CLF 0.021803
CLP 860.890396
CNY 6.93895
CNH 6.929815
COP 3699.522179
CRC 494.312656
CUC 1
CUP 26.5
CVE 93.2513
CZK 20.504104
DJF 177.555076
DKK 6.322204
DOP 62.928665
DZD 129.553047
EGP 46.73094
ERN 15
ETB 155.0074
EUR 0.846204
FJD 2.209504
FKP 0.735067
GBP 0.734457
GEL 2.69504
GGP 0.735067
GHS 10.957757
GIP 0.735067
GMD 73.000355
GNF 8752.167111
GTQ 7.647681
GYD 208.609244
HKD 7.81385
HNL 26.338534
HRK 6.376104
HTG 130.618631
HUF 319.703831
IDR 16855.5
ILS 3.110675
IMP 0.735067
INR 90.596504
IQD 1306.186308
IRR 42125.000158
ISK 122.710386
JEP 0.735067
JMD 156.057339
JOD 0.70904
JPY 157.200504
KES 128.622775
KGS 87.450384
KHR 4023.848789
KMF 419.00035
KPW 900.021111
KRW 1463.560383
KWD 0.30721
KYD 0.830902
KZT 493.331642
LAK 21426.698803
LBP 89293.839063
LKR 308.47816
LRD 187.449786
LSL 16.086092
LTL 2.95274
LVL 0.60489
LYD 6.314009
MAD 9.153622
MDL 17.000296
MGA 4426.402808
MKD 52.129054
MMK 2100.115486
MNT 3570.277081
MOP 8.023933
MRU 39.425769
MUR 46.060378
MVR 15.450378
MWK 1728.952598
MXN 17.263604
MYR 3.947504
MZN 63.750377
NAD 16.086092
NGN 1366.980377
NIO 36.694998
NOK 9.690604
NPR 144.506744
NZD 1.674621
OMR 0.383441
PAB 0.997082
PEN 3.354899
PGK 4.275868
PHP 58.511038
PKR 278.812127
PLN 3.56949
PYG 6588.016407
QAR 3.634319
RON 4.310404
RSD 99.268468
RUB 76.789716
RWF 1455.283522
SAR 3.748738
SBD 8.058149
SCR 13.84955
SDG 601.503676
SEK 9.023204
SGD 1.272904
SHP 0.750259
SLE 24.450371
SLL 20969.499267
SOS 568.818978
SRD 37.818038
STD 20697.981008
STN 20.719692
SVC 8.724259
SYP 11059.574895
SZL 16.08271
THB 31.535038
TJS 9.342721
TMT 3.505
TND 2.891792
TOP 2.40776
TRY 43.612504
TTD 6.752083
TWD 31.590367
TZS 2577.445135
UAH 42.828111
UGX 3547.71872
UYU 38.538627
UZS 12244.069517
VES 377.985125
VND 25950
VUV 119.620171
WST 2.730723
XAF 554.743964
XAG 0.012866
XAU 0.000202
XCD 2.70255
XCG 1.797032
XDR 0.689923
XOF 554.743964
XPF 100.858387
YER 238.403589
ZAR 16.04457
ZMK 9001.203584
ZMW 18.570764
ZWL 321.999592
  • SCS

    0.0200

    16.14

    +0.12%

  • RBGPF

    0.1000

    82.5

    +0.12%

  • CMSD

    0.0600

    23.95

    +0.25%

  • NGG

    1.1700

    88.06

    +1.33%

  • CMSC

    -0.0400

    23.51

    -0.17%

  • BCC

    1.8700

    91.03

    +2.05%

  • BCE

    -0.4900

    25.08

    -1.95%

  • GSK

    1.0600

    60.23

    +1.76%

  • RYCEF

    0.2600

    16.88

    +1.54%

  • RELX

    -0.7100

    29.38

    -2.42%

  • RIO

    2.2900

    93.41

    +2.45%

  • VOD

    0.4900

    15.11

    +3.24%

  • BTI

    0.8400

    62.8

    +1.34%

  • JRI

    0.0900

    12.97

    +0.69%

  • AZN

    5.8700

    193.03

    +3.04%

  • BP

    0.8400

    39.01

    +2.15%

Climate experts warn of fossil fuel tactics at COP28
Climate experts warn of fossil fuel tactics at COP28 / Photo: © AFP/File

Climate experts warn of fossil fuel tactics at COP28

Oil-rich Gulf states have positioned themselves as both champions of climate innovation and guardians of fossil fuel interests -- a balancing act experts warn could derail action at COP28 in Dubai.

Text size:

This year's United Nations climate summit is being chaired and hosted by the United Arab Emirates, a country dubbed "an oil company with a state attached" by one observer who requested anonymity so they could speak freely about the negotiations.

According to COP28 director general Majid Al Suwadi, "the UAE has been a leader when it comes to climate change".

"We have been doing our part," he said in September.

But one of the "inherent flaws of the COP system" is that national interests -- particularly the host's -- inevitably influence the outcome, said Ahmed El Droubi, international campaigns manager at Climate Action Network.

Indeed, the UAE has appointed Sultan Al Jaber, the head of state-owned oil company ADNOC, as COP president, drawing protests from environmentalists.

At COP27 in Egypt, where oil and gas lobbyists outnumbered most delegations, the final text included a last-minute provision to boost "low-emission energy".

That term includes natural gas, into which Egypt has invested billions of dollars in recent years.

In Dubai, activists expect the fight will be even harder, with the hydrocarbons industry intent on "not just delaying, denying, diverting meaningful climate action, but also greenwashing their polluting work", Farhana Sultana, professor of geography and the environment at Syracuse University, told AFP.

With time running out, the stakes are higher than ever at COP28.

To keep global warming at an average of 1.5C above pre-industrial temperatures, greenhouse gas emissions must drop 43 percent by 2030 from 2019 levels, according to the Intergovernmental Panel on Climate Change, the UN's climate body.

"At the moment, we're not cutting anything, and the situation gets more urgent every year," Karim Elgendy, associate fellow at Chatham House, told AFP.

- Delay the 'inevitable' -

Jaber, who is also the UAE's climate envoy and co-founder of state-owned renewable energy company Masdar, is not the only oil industry veteran on the front lines of the climate fight.

The European Union's COP28 delegation is led by Dutch former foreign minister and ex-Shell employee Wopke Hoekstra, an appointment that has also been controversial.

According to Droubi, despite Jaber's clear "conflict of interest" as ADNOC chief, he "has actually said the most progressive thing of any COP president: that phasing down fossil fuels is inevitable".

But "inevitable", Elgendy says, "is a very calculated word".

In the name of energy market stability, fossil fuel giants including the UAE, Saudi Arabia and the United States have argued for continued new investments in hydrocarbons before an eventual transition.

In October, Jaber said "we cannot unplug the energy system of today before we build the new system of tomorrow", and encouraged activists to separate "reality from fantasies".

But "no one is saying turn it off immediately", Elgendy said.

"What they're saying is don't dig any more wells, don't expand capacity."

To stick to the 1.5C threshold, the International Energy Agency has called for an end to new investments in coal, oil and natural gas.

Saudi Arabia, the world's biggest oil exporter, has slammed the IEA as a "political" body, and the industry is proceeding with vast expansion globally.

According to Elgendy, more attention should be given to the solutions that matter, including cutting oil and gas subsidies -- which according to the International Monetary Fund were $7 trillion in 2022, or seven percent of global GDP.

- De-link and keep drilling -

The UAE has long been diversifying its economy, and says 70 percent of its GDP comes from non-oil sectors. It has pledged tens of billions of dollars in renewable energy investments.

"But for them, that means expanding into renewables, not actually limiting fossil fuels," according to Droubi.

At COP28, many countries, and the EU, will argue for an unprecedented commitment to move away from "unabated" fossil fuels.

Droubi said what the UAE is pushing, and what activists "are pushing back on, is de-linking the phase-in of renewables from the phase-out of fossil fuels".

On one hand, Gulf states say there will always be the need for some oil. And because theirs is the world's "cheapest and cleanest", they should be "the last producers standing", Elgendy said.

On the other hand, they have adopted what he calls an "unorthodox" climate approach where the key is not to cut carbon -- as scientists insist is necessary -- but to "manage carbon; we'll reuse it and recycle it and ultimately we'll sequester it underground".

- Running out of time -

Instead of cutting fossil fuels outright, oil giants have touted several once-marginal technologies as promising solutions to cut emissions.

They include carbon capture and storage (CCS), direct air capture and carbon credit trading -- all carbon management mechanisms that amount to "false climate solutions", according to Sultana.

CCS prevents CO2 from entering the atmosphere by siphoning exhaust from power plants, while direct air capture pulls CO2 from thin air.

Both technologies have been demonstrated to work, but remain far from maturity and commercial scalability.

Carbon credit trading schemes -- which underpin much of the world's "net zero" ambitions -- have long been dogged by charges of deception, poor transparency, dodgy accounting practices and in-built conflicts of interest.

According to Elgendy, these solutions "need several years to be viable, and we simply don't have that time".

In September, UN chief Antonio Guterres warned: "We must make up time lost to foot-dragging, arm-twisting and the naked greed of entrenched interests raking in billions from fossil fuels."

B.Clarke--ThChM